Have you ever wondered what “DTI” means?

08/31/22 • 4 min

Southwest Florida Realty Show with Billee Silva

In this episode, SW Florida Realtor Billee Silva shares with you what debt-to-income ratio is and why you need to understand it if you're considering purchasing a home.

To learn more about Billee Silva:
www.SW-FloridaRealtor.com
Jones & Co Realty
(239) 247-2490

In this episode, SW Florida Realtor Billee Silva shares with you what debt-to-income ratio is and why you need to understand it if you're considering purchasing a home.

To learn more about Billee Silva:
www.SW-FloridaRealtor.com
Jones & Co Realty
(239) 247-2490

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To learn more about Billee Silva:
www.SW-FloridaRealtor.com
Jones & Co Realty
(239) 247-2490

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To learn more about Billee Silva:
www.SW-FloridaRealtor.com
Jones & Co Realty
(239) 247-2490

Southwest Florida Realty Show with Billee Silva - Have you ever wondered what “DTI” means?

Transcript

Hello, it's Billee Silva with the Southwest Florida Realty show. If you’re considering purchasing a home, debt-to-income ratio or (DTI) is an important term to familiarize yourself with. Your debt-to-income ratio can ultimately make it easier or harder for you to qualify for a mortgage. So knowing your debt-to-income ratio can help you better understand how you can best move forward into homeownership.

So, what exactly is debt-to-income ratio?

Your debt-to-income ratio compares